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Explain why global warming is not likely to be solved by the market mechanism alone. Utilize the terms externality and public goods in your explanation. Show what is needed, in a general sense, to allow the market mechanism to play a helpful role in the solution of this major global problem.
Suppose, on the other hand, that the second country retaliates with an export subsidy of its own.
elucidate why not and propose a mechanism that might solve your dilemma.
What would be price and profit levels would prevail based on the assumption that a new entry into the local market results in competitive market pricing.
A consulting company estimated market demand and supply in a perfectly competitive industry and obtained the following results.
If the average worker produces $80,000 of GDP, explain by how much will GDP increase if there are 150 million labor-force participants and the unemployment rate drops from 5.2 to 4.5 percent.
Illustrate what would be new equilibrium if re is an increase in autonomous import expenditure from 100 to 200 which result from an increase in currency exchange rate.
If extension of provisions is made to final goods but not to intermediate goods, what would this do to effective rate of protection (ERP) for country provided by its tariff schedule.
Discuss political economy of euro. What are likely economic effects of euro. What are its likely political effects. How is euro supposed to solve EU's political problems. Explain
What is profit-maximizing level of hiring for firm. How is it determined. What is equilibrium quantity of labour hired in market. Does it make sense given number of firms.
Suppose we refused to sell goods to any country that reduced or halted its exports to us. Who would benefit and who would lose from such retaliation. What could you suggest alternative ways to ensure import supplies.
What steps can Congress and state legislatures take to alleviate a serious national shortage of skilled providers. Research suggests medical errors have been linked to inadequate staffing.
The market for autographs including letters o other documents signed by famous people is subject to frequent large price changes as are markets for most collectables.
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